Interest Rates Explained: How Central Banks Control the Economy - Economics Made Simple
2:46
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Interest Rates Explained: How Central Banks Control the Economy - Economics Made Simple
What are interest rates and why do they matter for the economy? In this episode of the Economics Made Simple series, we explain interest rates, one of the most powerful tools used by central banks to influence economic activity. You’ll learn: • The definition of interest rates • How borrowing and lending are affected by interest rates ...
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